Ford Motor (NYSE:F) Trading Up 0.2% – Time to Buy?

Ford Motor (NYSE:F) traded up 0.2% during trading on Wednesday . The stock traded as high as $10.43 and last traded at $10.43. 13,131,628 shares traded hands during trading, a decline of 75% from the average session volume of 53,526,168 shares. The stock had previously closed at $10.41.

Analyst Ratings Changes

A number of research analysts have recently weighed in on F shares. Wolfe Research started coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Barclays dropped their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday. Finally, StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.41.

Ford Motor Stock Performance

The firm has a 50 day moving average of $10.84 and a 200-day moving average of $11.65. The company has a market cap of $41.76 billion, a P/E ratio of 10.75, a PEG ratio of 1.58 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F) last released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Ford Motor will post 1.86 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.74%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Institutional Trading of Ford Motor

Institutional investors have recently made changes to their positions in the business. Legacy Wealth Asset Management LLC increased its stake in Ford Motor by 1.7% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 48,916 shares of the auto manufacturer’s stock valued at $650,000 after purchasing an additional 836 shares in the last quarter. Insight Wealth Partners LLC raised its stake in Ford Motor by 1.9% in the 2nd quarter. Insight Wealth Partners LLC now owns 44,144 shares of the auto manufacturer’s stock worth $554,000 after acquiring an additional 843 shares during the last quarter. Pallas Capital Advisors LLC grew its stake in Ford Motor by 2.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer’s stock valued at $374,000 after purchasing an additional 846 shares during the last quarter. RB Capital Management LLC grew its stake in Ford Motor by 2.9% during the 1st quarter. RB Capital Management LLC now owns 30,380 shares of the auto manufacturer’s stock valued at $403,000 after purchasing an additional 857 shares during the last quarter. Finally, Freestone Capital Holdings LLC increased its holdings in shares of Ford Motor by 5.0% in the first quarter. Freestone Capital Holdings LLC now owns 18,346 shares of the auto manufacturer’s stock valued at $244,000 after purchasing an additional 875 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.